Down 11.22% over $ICNT 1 hours, currently at 0.1964. Two possible scenarios next:
① It stabilizes and reclaims the breakdown level → this move looks more like a sentiment-driven sell-off
② The rebound fails to reclaim that level and it breaks below the 24h low of 0.1521 → the downtrend may continue
I’d wait to see how strong the first rebound is before drawing a conclusion. Do these signals convince you?
① It stabilizes and reclaims the breakdown level → this move looks more like a sentiment-driven sell-off
② The rebound fails to reclaim that level and it breaks below the 24h low of 0.1521 → the downtrend may continue
I’d wait to see how strong the first rebound is before drawing a conclusion. Do these signals convince you?